General Maritime Corporation jointly announced today that they have entered into a definitive agreement whereby the two companies will combine in a stock- for-stock combination. Under the terms of the definitive agreement, approved unanimously by the Boards of Directors of both General Maritime and Arlington Tankers, shareholders of General Maritime will receive 1.340 shares of [...]

Mauritius-based Frontline Strategy Ltd, a Fabiani Family Office-anchored asset management company with prime focus on private equity investments, today announced an investment of USD 7 million in Krishna Saa Fabs Private Limited.
Krishna Saa Fabs fabricates structural engineering products used in the high growth infrastructure support sectors of telecom, national highways, airports, and ship-building. The company’s [...]

MIPSolutions, Inc., a Nevada corporation with offices in Spokane, WA, today announced that third-party laboratory analyses has verified that the Company’s recently developed MIP (Molecularly Imprinted Polymer) bead has successfully separated gold from a gold cyanide solution loaded with mercury without also removing mercury. The MIP bead was first pioneered at the Company’s laboratory at [...]

Wholesale Mine Supply (WMS), Irwin, PA, the largest supplier of two-way underground communications systems in the U.S. has added Venture Design’s MineTracer Communication and Tracking System to its portfolio. MineTracer was approved for use in underground mines by the Mine Safety and Health Administration (MSHA) in January 2008.
“We are really impressed with this system,” said [...]

FreightCar America, Inc. reported financial results for the three months ended June 30, 2008. For the second quarter of 2008, sales were $141.3 million and net loss was $0.9 million, or a net loss of $0.08 per diluted share. These results include charges related to a loss contingency reserve due to sharp material cost increases [...]

Petroleum Geo-Services ASA has been awarded a contract for a series of seismic surveys to be conducted in the summer of 2009 for StatoilHydro. Four of the Company’s seismic vessels will be involved in the surveys, giving a total contract value of around USD 100 million.
StatoilHydro will be the first customer for the Ramform Sterling, [...]

Air Products has signed a long-term contract with Weihe Clean Energy Company Limited, a subsidiary of Shaan’xi Weihe Coal Chemical Group Ltd, one of China’s largest coal-based fertilizer and methanol producers, to supply onsite gaseous oxygen and nitrogen for its phase three coal-to-chemicals project in Weinan Hi-Tech Zone (WHTZ) in Weinan city, Shaan’xi Province, [...]

CDC Software, a wholly-owned subsidiary of CDC Corporation and a provider of industry-specific enterprise software applications and business services, announced today that it has added two new partners from Chile and Brazil to its growing and diversified Franchise Partner Program, that now totals seven companies.
The CDC Software Franchise Partner Program funds CDC Software’s investments, through [...]